Steel Connect, Inc. Common Stock
STCN
STCN was delisted on the 2nd of January, 2025.
20 hedge funds and large institutions have $45.9M invested in Steel Connect, Inc. Common Stock in 2024 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 5 increasing their positions, 5 reducing their positions, and 2 closing their positions.
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
11% more funds holding
Funds holding: 18 → 20 (+2)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 5
6% less capital invested
Capital invested by funds: $48.7M → $45.9M (-$2.87M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SPH
Steel Partners Holdings
New York
|
+$5.24M |
| 2 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
+$192K |
| 3 |
Renaissance Technologies
New York
|
+$46.5K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$37.9K |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$11.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Geode Capital Management
Boston,
Massachusetts
|
-$233K |
| 2 |
AOWM
Alpha Omega Wealth Management
Richmond,
Virginia
|
-$183K |
| 3 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
-$141K |
| 4 |
Northern Trust
Chicago,
Illinois
|
-$33.7K |
| 5 |
BlackRock
New York
|
-$29.6K |
STCN Hedge Fund Activity: Q3 2024 in Review
20 of the 6,978 institutional investors tracked by Wall St. Rank reported a position in Steel Connect, Inc. Common Stock (STCN) for Q3 2024, worth a combined $45.9M — down 5.9% from $48.7M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new STCN positions and 2 closed out — a net gain of 2 holders — while 5 added to existing stakes and 5 trimmed.
The largest buyer was Steel Partners Holdings, adding an estimated $5.24M. The largest seller was Geode Capital Management, cutting an estimated $233K.
- 20 institutional investors held Steel Connect, Inc. Common Stock (STCN) as of Q3 2024, up from 18 in Q2 2024.
- Funds reported $45.9M of Steel Connect, Inc. Common Stock stock for Q3 2024, down 5.9% quarter-over-quarter.
- 4 funds opened new Steel Connect, Inc. Common Stock positions in Q3 2024 and 2 closed out, a net change of +2 holders.
- The largest Steel Connect, Inc. Common Stock buyer in Q3 2024 was Steel Partners Holdings, an estimated $5.24M added.
- The largest Steel Connect, Inc. Common Stock seller in Q3 2024 was Geode Capital Management, an estimated $233K sold.
Based on aggregated 13F filings for Q3 2024.